This chemical is primarily utilized in the pharmaceutical and agrochemical industries as a key intermediate in the synthesis of various biologically active compounds. Its structure, featuring both bromo and fluoro substituents on the indazole ring, makes it a valuable building block for developing molecules with potential therapeutic properties. It is often employed in the design and synthesis of inhibitors targeting specific enzymes or receptors, particularly in the development of anticancer, anti-inflammatory, antimicrobial, antiviral, and neurological agents. Additionally, its unique reactivity allows for further functionalization, enabling the creation of diverse chemical libraries for drug discovery and optimization. In agrochemical research, it serves as a precursor for developing novel pesticides or herbicides with enhanced efficacy and selectivity.